MCX appoints Mrugank Paranjape as CMD

Q.  Which stock exchange has appointed Mrugank Paranjpe as its CMD?
- Published on 04 Mar 16

a. NSE
b. BSE
c. MCX
d. None of the above

ANSWER: MCX
 
Multi Commodity Exchange of India Limited, the largest commodity exchange of the nation on 29th February 2016 appointed Mrugank Paranajpe as CMD. Appointment is subject to period of three years following SEBI approval. MCX has been without an MD since May 2014. Joint MD charge had been given to PK Singhal for this period. Paranjpe has been working with Deutsche Bank for the past 15 years and is its India Head.

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